It seems that your scores in your range should work. Lenders like myself can go as low as 580 when it comes to middle credit scores. Of course, your other finances will need to be in place as well including your income, debt, assets, employment, expenses, etc. The best thing for you to do is to speak with a knowledgeable lender like myself to see if you can get started on financing a new home. If you need additional assistance, feel free to reach out. Good luck!

It's extremely unlikely a lead paint test has been done. You can expect most older homes have lead paint under the existing paint. Homes that have had extensive remodeling, may have had lead paint removed at that time. In my area, it's not unusual for an extensive remodel to remove all walls except one, so the lead paint issue may have been mitigated that way. The best way to know is to pay for a lead paint inspection before purchase.... more

The home at 918 Mulberry in Auburn is actually listed for $155,900, boss. If you would like for me to send you an electronic flyer of that or any other properties in the area, please forward me your email address and I will get them over ASAP. If you'd like to see some listings today or tomorrow, please call, text or email and I will arrange the showings. Good Luck!

This should have been addressed prior to making an offer, simply knowing what the bank requirements were and walking through ior inspecting the house prior to making an offer can assist in eliminating problems like this, at this point if they are requiring it, you need to either request the seller to make the repairs or be prepared to withdraw or have to complete the repairs prior to closing, if you have committment and this is the only contingincy you should feel more comfortable, it is how bad to you want this house.... more

Hello Joan, there are several ways to determine the institution of record. If it is a listed property of course the listing agent can provide that information, if it is a pre-foreclosure, you can check county records or contact me as I have access to Georgia tax records and will be very glad to assist you with that informtion and guide you through the process to offer on a REO prperty. I am a certified CREO,HUD and foreclosure specialist. You can reach me at carolyngibson@jackwaldriprealstate.com or 770-654-9572.... more

Not sure if you already listed your house and hopefully it is already soldâ€¦

Let me give you just one perspective related to the effect of commission cutting.

1. Most real estate agents are paid solely on commission-
2. The commission you are negotiating with your listing agent will be advertized for all other agents to see (this commission is documented in the MLS agents use to search for homes for their buyers)-
3. In most local markets, there is more supply than demand (meaning that there are more sellers or houses on the market than potential/qualified buyers)-
4. Agent are usually selecting houses for their clients and cannot show all houses in a town-

So now, let me ask you, when the agent is going to have to select a few houses to show, which houses do you think most agents are going to pick?
The ones with a commission of 6%, 5.5% or 5%?

Now you understand that to a large extent, real estate is a numberâ€™s game, meaning that the more showing and the more chance to get an offer.

By decreasing the commission, do you think you are going to increase or decrease showings?

Hi JHodges. Yes, the binding agreement date starts the clock on all contract deadlines in Georgia for residential real estate using the GAR forms. The due diligence period doesn't apply until you have an accepted and binding agreement. Your buyers can look all they want before you get an acceptance from the bank on this short sale. If they find something they prefer, I would simply have them sign a Notice to the Seller and fax it immediately withdrawing the offer - come to think of it, I think there is a GAR form for that - don't have forms file open right now or I would check for you. Good luck on your short sale.... more

Homes owned by investors are probably more likely to go into foreclosure than owner-occupied homes. So your proposal may be good.

However restricting the buyer pool may keep your properties longer on the market and also beat down the prices. So this is a tough call here. You may be trying to create more headache here than it's worth it, as the investor-owners are surely going to fight this.... more